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Real Estate News Releases
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(EMAILWIRE.COM, November 06, 2011 ) Chicago, Illinois - The Stockfather (www.thestockfather.com) believes that General Steel Holdings, Inc. Co (NYSE: GSI) will report good numbers tomorrow (11/7/2011) pre-market.
General Steel Holdings, Inc. Co (GSI) has been beaten down and is getting the wrong end of the stick, just because it's a Chinese company, states The Stockfather.
Another steel company, United States Steel Corporation (NYSE: X) is an American company and had a 52 week high of $64.03 in 2011, and is currently trading at 27.92.
General Steel Holdings, Inc. Co (GSI), which trades on the NYSE, should honestly be trading higher than $1.23 a share, if (X) is trading at the price it is.
Chinese companies are starting to get hot again, and (GSI) trades not on the AMEX, or Nasdaq, but on the big daddy of them all, the NYSE.
Sirius XM Radio Inc. (NasdaqGS: SIRI) is a very good company and a decent stock, but it just isn't moving, and that is why The Stockfather likes (GSI) better at this point.
Bank of America Corporation (NYSE: BAC) is a gigantic bank, but they are really starting to irritate their customers.
YRC Worldwide, Inc. (NasdaqGS: YRCW) could make big gains, nut it also could make big losses.
Alcatel-Lucent (NYSE: ALU) is trading near its 52 week low, so (ALU) could be a good one to pick up for a bounce.
General Steel Holdings, Inc. Co (GSI) is trading near its 52 week low and has a price target of $4, but many investors out there believe that (GSI) could go even higher.
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About The Stockfather:
The Stockfather searches the markets (from OTC to NYSE) for stocks positioned to make big gains. Stocks and companies are featured on The Stockfather web site and e-newsletter.
Disclaimer:
For this news release, The Stockfather was not paid to profile the company(ies) or stock(s) mentioned. The Stockfather does not own any shares of the stock(s) mentioned. The Stockfather is not a registered investment advisor. Investors are responsible for doing their own research and obtaining professional investment advice. Investors should visit www.thestockfather.com for further disclosure information.
The Stockfather
Editor
312-473-5916
thestockfather@gmail.com
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